One very thing that I have come to realize is that emotional swings are inevitable in trading. You can be feeling so confident and on top of the world after securing a huge profit, then suddenly the feeling of frustration and anxiousness sets in after a loss or setback. It's sometimes a rollercoaster.
What has always been helping me whenever this happens is to step away from the screen of my phone or laptop( as the case may be). I also try to stick to a plan, once I have set my entry and exit I try very much not to second guess cos the market is moving. Journaling my trade also helps me to notice patterns in my emotional response.
It's really not an easy one, but learning to stay calm and focused has really helped make better decisions. How do you manage you emotional ups and downs that comes with trading, love to hear your responses.
Mood swings as we all know is something one can't really take away from life and as you journey round some aspects of life you'll experience it, more especially it comes when you're in a good mood or bad mood. But right now dealing with that in trading is something simple if you may ask me cause it kies in your hands, you may decide to stop at that moment and take a break or better still stop that thing entirely that's resulting in the emotions swings and mind you they tend to alter ones chances of making profits in most cases.